Microsoft Corp (MSFT) Raises Quarterly Dividend 25% to $0.20; 3% Yield
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Microsoft Corp (NASDAQ: MSFT) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 25% increase from the prior dividend of $0.16.
The dividend will be payable on December 8, 2011, to stockholders of record on November 17, 2011, with an ex-dividend date of November 15, 2011.
The annual yield on the dividend is 3 percent.
The company also said it will continue its $40 billion buyback program which was approved by the Board in September 2008. The authorization expires on September 30, 2013.
The dividend will be payable on December 8, 2011, to stockholders of record on November 17, 2011, with an ex-dividend date of November 15, 2011.
The annual yield on the dividend is 3 percent.
The company also said it will continue its $40 billion buyback program which was approved by the Board in September 2008. The authorization expires on September 30, 2013.
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